Details

Subject(s)

• Global Financial Crisis, 2008-2009 [Browse]
• Liquidity (Economics) [Browse]
• Keynesian economics [Browse]
• Monetary policy [Browse]
• Financial crises [Browse]

Series

Routledge Studies in the History of Economics [More in this series]

Summary note

This book provides a reassessment of Keynes' theory of liquidity preference. It argues that the failure of the Keynesian revolution to be made in either theory or practice owes importantly to the fact that the role of liquidity preference theory as a pivotal element in Keynes' General Theory has remained underexplored and indeed widely misunderstood even among Keynes' followers and until today. The book elaborates on and extends Keynes' conceptual framework, moving it from the closed economy to the global economy context, and applies liquidity preference theory to current events and promine

Notes

Description based upon print version of record.

Bibliographic references

Includes bibliographical references and index.

Source of description

Description based on metadata supplied by the publisher and other sources.

Language note

English

Contents

• Book Cover; Title; Copyright; Contents; Figures; 1 The triumph of Keynesianism?: The key role of liquidity preference theory in Keynes' heresy; 2 Some reflections on Keynes' "finance motive" for the demand for money; 3 The loanable funds fallacy: Exercises in the analysis of disequilibrium; 4 On Keynesian theories of liquidity preference; 5 On exogenous money and bank behavior: The Pandora's box kept shut in Keynes' theory of liquidity preference?; 6 Keynes on central banking and the structure of monetary policy
• 7 The international monetary order and global finance: Keynes' ideas and global vision8 On what became of Keynes' vision at Bretton Woods and some recent issues in global finance; 9 Taking liquidity preference theory seriously; Notes; Bibliography; Index

ISBN

• 0-203-17053-9
• 1-4416-1929-1

OCLC

• 475922617
• 297222644

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